Short Synthetic Future Calculator

Search a symbol to visualize the potential profit and loss for a short synthetic future option strategy.

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What is a short synthetic future?

BearishLimited ProfitUnlimited Loss

This strategy recreates the risk profile of a short stock position by selling an at-the-money call and buying an at-the-money put. It is usually established as a very small credit or debit.

Remember that because this strategy has a short call, it has assignment risk.

AProfitLossStock Price (at expiration)
  • Buy a put at strike A
  • Sell a call at strike A